APG Asset Management (APG) has formed a partnership with Octopus Australia and intends to invest over AUD 1 billion in OASIS, which is Octopus Australia’s flagship renewable energy platform. The partnership will speed up Octopus Australia’s growing pipeline of utility-scale solar, wind, and battery storage projects. Furthermore, APG has joined the existing investors in Octopus Australia platform.
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Opdenergy has acquired a portfolio of operational wind assets from Acciona Energía. The portfolio consists of 13 wind farms, and the assets have a total capacity of 440 MW. The wind farms are situated in the regions of Albacete, Cádiz, Cuenca, Lleida, Valencia, and Zamora. Valued at over €500 million, the transaction is anticipated to close by the year’s end, subject to necessary regulatory approvals.
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Scotland’s Neart na Gaoithe (NnG) offshore wind farm, co-owned by EDF power solutions UK and Ireland (EDF) and ESB, has become fully operational. Located 15.5 km off the coast of Fife, the wind farm has 54 wind turbines now generating up to 450 MW of clean and green electricity. The electricity generated from the project will be sufficient to power around 375,000 homes, and will offset over 400,000 tonnes of carbon emissions each year.
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Africa’s energy landscape presents vast untapped renewable energy (RE) resources juxtaposed against a backdrop of widespread energy poverty. Despite being rich in solar, wind, hydro and geothermal potential, the continent has the lowest electricity access rates globally, with about 600 million living without power. RE offers an answer to this electricity deficit. Yet despite this potential, the actual deployment of RE has been limited. The private sector could be key to filling the investment and deployment gaps in Africa’s RE sector.
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Masdar and Iberdrola have secured financial close for the East Anglia THREE offshore wind farm in UK. The wind farm has a capacity of 1.4 GW and has secured total project financing facilities of €4.1 billion with 23 banks and the Danish Export Credit Agency (EIFO). The financing will cover a substantial portion of the total project costs, estimated to be around €5.2 billion. The project is located off the Suffolk coast in UK.
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India’s climate strategy embodies an ambitious vision that balances environmental stewardship with economic progress. Anchored by transformative policies and programmes, the country’s roadmap for renewable energy, biofuels, decarbonisation and sustainable infrastructure reflects its determination to address climate challenges at scale. This ambitious vision demands an infusion of US$1.5 trillion by 2030 across various areas. Targeted initiatives aim to democratise renewable energy access and foster growth.
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This brief “The Economic Benefits of Unleashing American Energy” has been prepared by The Council of Economic Advisers, an agency within the Executive Office of the President of the United States. The authors estimate that policies which support American energy dominance could raise GDP by at least 0.56-1.90 percent by 2035, or 0.31-1.23 percent without deregulation effects. Specifically, removing restrictions on commingling in offshore oil reservoirs could increase GDP by 0.03-0.13 percent by 2035.
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Exus Renewables North America (Exus) has completed $308.2 million financing for several utility-scale renewable energy projects in US. The transactions involve the 185 MW Zia solar power solar portfolio located in New Mexico and the 169 MW Keystone wind portfolio situated in Pennsylvania. The company obtained $149.6 million for Zia Solar Power’s portfolio, which includes nine operational solar farms across New Mexico.
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DP Energy will be developing the Windy Plains Renewable Energy Park in Queensland. The project will combine around 197 wind turbines with an installed capacity of up to 1,400 MW. It will also be supported by battery energy storage systems of around 500 MW/2000 MWh. Furthermore, the project is currently under the project feasibility stage. Environmental, cultural heritage, and technical assessments of the project are underway.
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bp has agreed to sell its US onshore wind business, bp Wind Energy to LS Power. bp Wind Energy, following the close, will be owned and operated as a part of LS Power portfolio company Clearlight Energy, thereby increasing its operating fleet to around 4.3 GW. The deal is anticipated to conclude by the end of 2025. bp Wind Energy has interests in ten operating onshore wind energy assets, operating nine of them.
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Envision Energy and FERA Australia have inked an agreement to develop large-scale hybrid renewable energy projects across Australia’s National Electricity Market (NEM). The projects will have the potential to deliver upto 1 GW of wind generation capacity and 1.5 GWh of battery energy storage. The partnership between Envision Energy and FERA Australia will launch with a pilot project in Victoria
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wpd, in cooperation with GPSS Group, has signed a corporate power purchase agreement (PPA) with Nomura Real Estate Development Company Limited for the Higashi Izu Furusato onshore wind power project in Japan. The project is located in Shizuoka Prefecture, around 120 km southwest of Tokyo, on a coastal mountain ridge. The wind farm will have a capacity of 7.48 MW and scheduled to begin operations in May 2026.
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ACWA Power, in partnership with Badeel and SAPCO, has entered into PPAs with the Saudi Power Procurement Company (SPPC) for the development of seven utility-scale renewable energy projects. These include five solar photovoltaic (PV) plants and two wind power projects, with a cumulative generation capacity of 15 GW. The projects, with an estimated investment of $8.3 billion, are planned to add 12 GW of solar PV and 3 GW of wind energy.
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Ørsted has reached financial close on a project finance package to raise around TWD 90 billion for the Greater Changhua 2 project. It is a 632 MW offshore wind farm and is located about 50 to 60 km off the coast of Changhua. The project consists of Greater Changhua 2a and Greater Changhua 2b. Greater Changhua 2a is operational, whereas Greater Changhua 2b is under construction and is expected to be commissioned towards the end of 2025.
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India’s wind energy sector is gaining momentum, underpinned by strong policy backing, a rising demand for clean energy and an ambition to meet global climate commitments. In 2024-25, the country added 4.1 GW of new wind capacity. As of May 2025, the cumulative installed wind power capacity has reached nearly 50 GW, as per the Ministry of New and Renewable Energy (MNRE). Much of this recent capacity addition has been concentrated in the leading wind-rich states such as Gujarat, Karnataka and Tamil Nadu.
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The partnership of Masdar and Iberdrola has reached two milestones in UK and Germany. In UK, the two companies will co-invest €5.2 billion in the East Anglia THREE offshore wind farm. The project has a capacity of 1.4 GW, and each company will have a 50 per cent stake in and co-governance of the asset. The project is located off the Suffolk coast in the UK and is expected to come into initial operation in the fourth quarter of 2026.
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US President Donald Trump has signed an executive order for the elimination of subsidies for unreliable green energy sources like wind and solar. The move is in furtherance of the One Big Beautiful Bill Act. It directs the Secretary of the Treasury to terminate the clean electricity production and investment tax credits for wind and solar facilities. It also instructs for the implementation of the enhanced Foreign Entity of Concern restrictions.
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Ecopetrol SA (Ecopetrol) has fully acquired the shares of Compañía Wind Autogeneración SAS, which is the owner of the Windpeshi wind project. The project is situated in La Guajira between the municipalities of Uribia and Maicao. It has a capacity of 205 MW for wind energy production. Furthermore, the Windpeshi project will be integrated into the self-consumption portfolio of Ecopetrol Group.
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Deep Wind Offshore’s Admiral Lee offshore wind project has secured its first electricity business license with an installed capacity of 345 MW. The license has been received from Korea’s Electricity Regulatory Commission under the Ministry of Trade, Industry, and Energy (MOTIE). The offshore wind project is being developed based on a partnership between Deep Wind Offshore and Korea Hydro & Nuclear Power.
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Gamuda Bhd (Gamuda) has inked an agreement with the Downie family to co-develop a portfolio of large-scale renewable energy projects in Central Tasmania, Australia. Under the agreement, Gamuda will take an unspecified equity stake in the portfolio. The portfolio has a combined capacity of 600 MW of wind and solar energy and up to 600 MW of battery storage. Reportedly, the project costs have not been disclosed.
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